Home ownership comes with a never-ending list of home improvement projects and being able to find the time to start, let alone finish, can be tricky. So, now is the perfect time to plan your home improvement projects for 2019.
Whether the kitchen needs a facelift, the whole house needs a fresh coat of paint, you’re converting the unfinished basement into a family hangout, or you’re hoping to add an extension onto the back of your home you may need to look at financing options if you don’t have the funds available right now.
There are a number of home improvement financing options, which include mortgage refinancing, home equity lines of credit, home equity loans and personal loans.
At Warren Boynton State Bank we offer our customers a range of services, which include home equity lines of credit. Unlike a home equity loan, home equity lines of credit are revolving, allowing you to borrow and pay back a certain percentage of your home equity for the full term period.
Our customers are also able to apply for an increase to an existing home equity line of credit rather than refinance it into a new loan. A line increase affects the available credit but does not lengthen the term of the original loan.
We offer the following personal financing options:
- Residential one to four family
- Real Estate Construction
- Home Equity
- Home Improvement
- RV & Boat
- Ready Reserve Overdraft Protection
- And our Visa Platinum Credit Card
If you have any questions about home equity lines of credit or would like to speak with one of our loan officers, please do not hesitate to visit one of our four branches in New Berlin, Springfield, Modesto, or Palmyra.
Or visit https://www.wbsb.net/personal-banking/personal-loans for more information.